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Brevan Howard Plans a Listing

Updated Jan. 24, 2007 12:01 a.m. ET

LONDON -- Brevan Howard Asset Management LLP said it is looking to raise &euro;1 billion, or about $1.3 billion, by listing an investment company on the London Stock Exchange, in what would be one of the largest fund raisings by a hedge-fund group on the public markets.

BH Macro Ltd., a Guernsey-incorporated company, is to make an initial public offering within the next couple of months in euro-, sterling- and dollar-share classes, with the proceeds to be invested in Brevan Howard's flagship $11.3 billion global macro...